Singapore: Berge Bulk has signed a contract with CSIC-affiliated Bohai Shipbuilding Industry for the construction of five 210,000dwt bulk ships.
The price for each ship is around $52m. The first two ships will be delivered in 2015, while the remainder will be delivered in 2016.
Berge Bulk currently has another two 215,000dwt VLOCs under construction at Bohai Shipbuilding and four at CSSC-affiliated Longxue Shipbuilding. [21/07/14]